1-bed · 713 sqftAfnan 3, Dubai Production City (IMPZ) · 5th floor · completed 2019

507, Afnan 3

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 784K24 May 2017
Current rentAED 60K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Afnan 3

What is 507 worth today?

Last sold for AED 783,966 in 2017

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4 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
1 Sep 2023RentedRenewal
AED 45,000/yr12 months · AED 63 per sqft
1 Sep 2021RentedRenewal
AED 37,000/yr12 months · AED 52 per sqft
1 Sep 2020RentedNew contract
AED 37,000/yr12 months · AED 52 per sqft
24 May 2017Sold by developerOff-plan
AED 783,966AED 1,099 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
5th of 8
Parking
BZ2I02
Developer
Deyaar
Completed
2019
Service charge
AED 11,800 /yr
Last sold
AED 784K · May 2017
Building
Afnan 3

About 507, Afnan 3

507 is a one-bedroom apartment of 713 sqft on the 5th floor of Afnan 3, a 8-storey tower in Dubai Production City (IMPZ) completed in 2019 by Deyaar. The developer sold it on 24 May 2017 for AED 783,966, or AED 1,099 per sqft, in line with the AED 1,081 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 4 September 2024, is AED 60,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 11,800 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Afnan 3
700K800K2016201920222025Typical sale price by year: 2016 AED 708,114; 2017 AED 707,531; 2018 AED 675,450; 2019 AED 745,646; 2020 AED 685,248; 2021 AED 698,953; 2022 AED 773,478; 2023 AED 650,000; 2024 AED 682,500; 2025 AED 766,000Sold by developer, May 2017: AED 783,966 (AED 1,099 per sqft)

507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Afnan 3
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 33,000; 2022 AED 36,000; 2023 AED 42,500; 2024 AED 52,500; 2025 AED 62,000; 2026 AED 50,000New contract, September 2020: AED 37,000 a yearRenewal, September 2021: AED 37,000 a yearRenewal, September 2023: AED 45,000 a yearNew contract, September 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Afnan 3, and where 507 sits

All 76 1-beds →

507 last sold in May 2017 at AED 1,099 per sqft, in line with what one-beds in Afnan 3 were fetching at the time (AED 1,081). Over the last 12 months one-beds sold for AED 660,000 to 866,930, around AED 1,293 per sqft, and rent for AED 42,592 to 71,148 a year. 507's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Dec 2025866,930
18 Dec 2025850,000
15 Dec 2025660,000
10 Jul 2025745,000
5 1-bed sales in the last 12 months

Afnan 3

Building

80 apartments, studios to 1-bed over 8 floors in Dubai Production City (IMPZ), completed in 2019 by Deyaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,293
Typical sale
AED 830K
Typical rent
AED 58K /yr
Typical yield
6.6%
Afnan 3, Dubai Production City (IMPZ): prices, sales and rents →

Other units on the 5th floor

All 80 units in Afnan 3
Value
5011-bedAED 660K · May 2024
5021-bedAED 706K · Aug 2016
5031-bedAED 750K · Oct 2023
5041-bedAED 823K · Mar 2017
5051-bedAED 708K · Sep 2016
5061-bedAED 708K · Sep 2016
5081-bedAED 689K · Jan 2017
1–7 of 9

507, Afnan 3 in numbers

  • Sold once: by Deyaar on 24 May 2017 for AED 783,966, or AED 1,099 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 37,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 11,800 a year (AED 16.58 per sqft).
  • One-beds in Afnan 3 sold for AED 660,000–866,930 in the 12 months to November 2026; the building's median across all types is AED 1,293 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2024.

Questions about 507, Afnan 3

What did unit 507 last sell for?

AED 783,966 on 24 May 2017, sold by the developer: AED 1,099 per sqft for 713 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 60,000 a year on the contract signed on 4 September 2024. The previous contract, from September 2023, was AED 45,000; the unit has been rented since September 2020.

How big is unit 507?

713 sqft (66.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Afnan 3 sold for AED 660,000 to 866,930 in the last 12 months, around AED 1,293 per sqft.

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Mortgage on 507, Afnan 3

Starts from the last sale price (AED 784K, 24 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 783,966
Deposit, UAE resident (20%)
AED 156,793
Deposit, non-resident (40%)
AED 313,586
Monthly over 25 years at 3.7%
AED 3,207

Plus AED 37,937 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →